Line QREN INVESTE

Closed since august 15th 2012

The Credit Line QREN INVESTE, funded by EU Fund – ERDF (FEDER) through the National Strategic Reference Framework (QREN) / COMPETE, and contractually arranged on 14 July 2010 with Credit Institutions and SGM, has an amount of 800 million Euro and the following features:

Beneficiaries

Companies with projects with an eligible investment lower than 30 million Euro, received up to 30 June 2010 and approved under the Incentive Scheme of the National Strategic Reference Framework (QREN);

Regular status before the Tax Authorities and Social Security;

No unwarranted incidents or breaches with the banks and no assignment of a credit risk class rejection.

Eligible transactions

Funding of projects approved in Incentive Scheme of the National Strategic Reference Framework (QREN), including improved working capital related to the increased activity generated by the project;

Autonomous guarantees, first demand, to be provided to QREN for the purpose of incentive payments for projects approved in QREN Incentive Systems.

Type of transactions

MTL, property leasing and leasing of equipment.

Mutual Guarantee

To hedge risk financing

Benefit from a mutual guarantee of 40% of the value of each funding increased to 50% for projects with value classifiable transactions up to 1 million Euro.

To pay QREN for the purpose of payment of incentives

Benefit from a mutual guarantee of 40% of the total value of the security from QREN, increased to 50% for projects with eligible operations up to 1 million Euro.

Where the Bank refuses the operation and the application is submitted directly with the SGM, the guarantee amounts to 100% of the total value of the security to issue on behalf of QREN.

Bonuses

Full rebate of the mutual guarantee commission.

For more information see:

Disclosure Document

Presentation PME Investimentos

To hedge risk financing

To pay QREN for the purpose of payment of incentives

Credit Lines